Wednesday, January 31, 2007

Daily Journal 1/31

Today, I took 8 day trades, of which 4 are breakout trades and 4 are DUMMY trade.

It was a DUMMY fest today after 2:00pm.

Total Trades taken today:8 (day trades)
Day trade Winners :6
Day trade Losers :2
R Total: +18
Total daytrade P/L for today: $9780


Phileo said...

Hi PinoyTrader,

Congrats on your consistency! Your results inspire me to strive for excellence.
What is your routine to scan for and find the stocks that you have described in your journal?

mc said...

I first run a end of day scan that picks up high growth stocks. This scan returns between 500-800 stocks. I then scan it visually for patterns and formations and takes this stocks and tag it as my focus list.

I also run a scan that looks for strong movers (gap, wide bar with volume) and just visually scan this stocks. I use for real-time scan.

Hope this helps.